Screw Compressor Market Overview

Screw Compressor Market is projected to be worth USD 14.19 Billion by 2027, registering a CAGR of 5.73% during the forecast period (2021 - 2027)

The global screw compressor rental market is expected to register a CAGR of 6.45% for the time period that this report covers. Growing demand for redid rental arrangements is a major factor that’s driving the market’s CAGR.

Key Players

• Bauer Kompressoren
• Kaeser Kompressoren SE
• Hitachi ltd
• Siemens

Opportunities

The food, pharma, beverages, material, and auto markets are making tremendous strides in terms of technological advancements. This is driving growth in the global screw compressor rental market.

Market segmentation

By portability

This segment can be further grouped into:

• Fixed
• Compact

The compact sub-segment has a larger market share. Thus, it generates much more income than the fixed sub-segment does.

By types

This segment can be further grouped into:

• Oil-infusion blowers
• Type-based sans oil blowers

By stages

This segment can be further grouped into:

• Solitary stage screw blower
• Stage screw blower

By end-user

This segment can be further grouped into:

• Compound
• Producing oil and gas
• Mining
• Development
• Power

Access Report Details @ https://www.marketresearchfuture.com/reports/screw-compressor-market-1812

Regional analysis

The global screw compressor rental market can be grouped into the following geographic regions:

• North America
• Asia-Pacific
• The European Union
• The Rest of the World

The Asia-Pacific region is expected to register the highest regional CAGR for the time period that this report covers. It’s expected to hold 38.5% of the world’s total market share for the time period that this report covers.

The Asian nations of India, China, South Korea, Singapore, and China are growing at breakneck paces in terms of economic growth. This is the main reason why the Asia-Pacific region is expected to register the highest CAGR and largest market share for the time period that this report covers.

China itself is experiencing unpredictable flows of Foreign Direct Investment (FDI) and this is a major factor that’s driving growth in the Asia-Pacific region.

The United States of America currently has the largest market share. It’s mainly because this nation has a large concentration of the largest and wealthiest companies in the world. All of these companies need to use screw compressors for their moving needs.

Screw compressors are popular worldwide because they help prevent blackouts that can occur when electricity grids fail.

Industry news

• LOT Cargo recently (2019) agreed to use and market temperature-controlled containers in a partnership with CSafe Global. The joint venture was created because life science companies needed to have a way to transport their organic materials safely and in frigid temperature environments. CSafe Global came up with this type of technology.
• Atlas Coco recently launched five new advanced air compressors to be used in the Indian market. The compressors are:
  • Piston air compressors
  • Site nitro generators
  • Screw air compressors
    All of these compressors are designed to meet the changing needs that industries across India are currently facing.
• Atlas Coco deals primarily in sustainable productivity solutions. It recently launched a new air compressor range in the smart AIR solutions range. These use new technologies that are designed to deliver better and more far-reaching benefits than traditional air and screw compressors were able to. These air compressors and screw compressors are also more energy-efficient than previous generations were.